Issue 1472

Analysis

• The private client review for January 2020
• News Corp: VAT treatment of digital newspapers
• Brexit: don’t panic (yet)
• Lifecycle of a business: international expansion
• Capital allowances for structures, assets and works

In brief

• Location of exchange tokens held by individuals
• The J5: tax enforcement without borders
• Timing of the Scottish Budget
• 5MLD: what do you need to know?

News

• HMRC publishes draft legislation for revised loan charge
• The end for entrepreneurs’ relief?
• UK digital services tax under pressure
• Restriction of employment allowance for larger employers
• Regulations for maturing child trust funds
• Government announces review of air passenger duty
• Commission consults on revised EU ETS state aid guidelines
• EU VAT forum endorses report on VAT double taxation disputes
• Legislating the EU tax dispute resolution directive
• Guernsey looks to increase tax revenues
• Isle of Man implements VAT ‘quick fixes’
• Jersey introduces online filing for personal income tax
• HMRC guidance: 22 January 2020
• HMRC manual update: 23 January 2020

Cases

• R (oao Cartref) v HMRC
• Premier Family Martial Arts LLP v HMRC
• HMRC v Hicks
• MCX Dunlin (UK) Ltd v HMRC

One minute with

• One minute with… David Sleight

Practice guides

• Lifecycle of a business: international expansion